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REVEALED: Best Investment During Inflation
EB Tucker, a well-known precious metals expert and author, has recently made a bold prediction about the future of gold prices. In a recent interview, Tucker stated that gold prices are set to soar after experiencing an “insane push” in the market.
Tucker, who is the director of Metalla Royalty & Streaming Ltd, believes that several factors are converging to create a perfect storm for gold prices to skyrocket. One of the main drivers of this surge, according to Tucker, is the ongoing economic uncertainty caused by the global pandemic and its far-reaching effects on the world economy.
The unprecedented levels of government stimulus and monetary easing measures adopted by central banks around the world have also contributed to a weakening of fiat currencies, making gold an attractive safe haven asset for investors looking to protect their wealth. Tucker believes that this trend is likely to continue, and as a result, gold prices will experience a significant increase in the near future.
Tucker’s prediction is not unfounded, as gold has already experienced a remarkable rally in recent months, reaching all-time highs in August 2020. This bullish trend has been further fueled by increasing demand for physical gold from institutional investors and central banks, as well as a growing interest in gold as a hedge against inflation and currency devaluation.
In light of these developments, Tucker advises investors to consider adding gold to their investment portfolios as a way to diversify and protect against potential economic uncertainties. He also recommends that investors take advantage of the current dip in gold prices to accumulate physical gold or invest in gold mining stocks, which are poised to benefit from the rising price of gold.
While no one can predict the future with complete certainty, Tucker’s track record as a respected analyst in the precious metals industry gives weight to his prediction of a significant increase in gold prices. As the global economy continues to grapple with the challenges posed by the pandemic, the outlook for gold remains positive, and investors would be wise to heed Tucker’s advice and position themselves accordingly.
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